TohidA/MONA · Datasets at Hugging Face

735

TUNISIA

744

EFF

2016-05-20

2,016

2020-05-19

2,020

2020-03-18

N/A

2019-06-12

P1

R5

L

SB

25.1

6.1. Financial sector legal reforms, regulation, and supervision

Approval of secondary legislation to address some of the weaknesses in the banking law regarding the bank resolution framework through the (i) adoption of a government decree to implement the framework of the Bank Deposit Guarantee Fund that includes a least costtest for resolution with an exception for systemic cases; and (ii) adoption of a bylaw of the Resolution Committee providing a short timeframe to determine resolution measures for systemic cases.

5

08/31/2016

M

Introduced at R0. Objective: Financial sector stability. Met at R1.

5

2016-08-31

N/A

735

TUNISIA

744

EFF

2016-05-20

2,016

2020-05-19

2,020

2020-03-18

N/A

2019-06-12

P1

R5

L

SB

25.1

6.1. Financial sector legal reforms, regulation, and supervision

Adoption of: i) a law to make it possible for public banks to abandon claims on credits like their private peers (both in the context of the insolvency law and outside of this context); ii) a government decree creating a permanent committe that will grant an assent to the Ministry of Finance for all measures concerning debt settlement of the State, local collectivities and public establishments; the decree will specify the claims of public banks will not be within the purview of the permanent committee; and iii) simplified rules to write-off claims, eliminating the requirement for a final judgment.

6

10/31/2017

MOD-PASB

At R2, partly met with delay: (ii) met, (i) and (iii) are replaced by a Prior Action and a reprogrammed Structural Benchmark.

5

6

2017-10-31

N/A

735

TUNISIA

744

EFF

2016-05-20

2,016

2020-05-19

2,020

2020-03-18

N/A

2019-06-12

P1

R5

L

SB

25.1

6.1. Financial sector legal reforms, regulation, and supervision

Portfolio quality. Adoption by Parliament of (i) a law to make it possible for public banks to abandon claims on credits like their private peers (both in the context of the insolvency law and outside of this context); and (ii) a law simplifying write-off rules, eliminating the requirement for a final judgment.

7

06/30/2018

M

At R2, elements i and iii of previous SB. Reprogrammed to Oct 2018.

5

7

2018-06-30

N/A

735

TUNISIA

744

EFF

2016-05-20

2,016

2020-05-19

2,020

2020-03-18

N/A

2019-06-12

P1

R5

L

SB

25.1

6.1. Financial sector legal reforms, regulation, and supervision

Increase of the cap on lending rates for corporates and SMEs from +20 percent above the average lending rate to +33 percent.

8

05/30/2018

MOD-DATE

At R2, reprogrammed from an old SB; date and ceiling amount were reset. Draft law in Parliament. Augmentation limited to +20% for individuals.

5

8

2018-05-30

N/A

735

TUNISIA

744

EFF

2016-05-20

2,016

2020-05-19

2,020

2020-03-18

N/A

2019-06-12

P1

R5

L

SB

25.1

6.1. Financial sector legal reforms, regulation, and supervision

Increase of the cap on lending rates for corporates and SMEs from +20 percent above the average lending rate to +33 percent.

8

12/31/2018

MOD-DATE

At R3, reprogrammed due to delays in legislative agenda.

5

8

2018-12-31

N/A

735

TUNISIA

744

EFF

2016-05-20

2,016

2020-05-19

2,020

2020-03-18

N/A

2019-06-12

P1

R5

L

SB

25.1

6.1. Financial sector legal reforms, regulation, and supervision

Increase of the cap on lending rates for corporates and SMEs from +20 percent above the average lending rate to +33 percent.

8

09/30/2019

SB

At R5, reprogrammed to September 2019

5

8

2019-09-30

N/A

735

TUNISIA

744

EFF

2016-05-20

2,016

2020-05-19

2,020

2020-03-18

N/A

2019-06-12

P1

R5

L

SB

25.1

6.1. Financial sector legal reforms, regulation, and supervision

Vote of the resolution committee on the orderly resolution of the BFT.

9

05/31/2018

MOD-DATE

Introduced at R2. Objective: financial sector stability. Reprogrammed to August 2018.

5

9

2018-05-31

N/A

735

TUNISIA

744

EFF

2016-05-20

2,016

2020-05-19

2,020

2020-03-18

N/A

2019-06-12

P1

R5

L

SB

25.1

6.1. Financial sector legal reforms, regulation, and supervision

Vote of the resolution committee on the orderly resolution of the BFT.

9

08/31/2018

MOD-DATE

At R3, reprogrammed to August 2018.

5

9

2018-08-31

N/A

735

TUNISIA

744

EFF

2016-05-20

2,016

2020-05-19

2,020

2020-03-18

N/A

2019-06-12

P1

R5

L

SB

25.1

6.1. Financial sector legal reforms, regulation, and supervision

Vote of the resolution committee on the orderly resolution of the BFT.

9

11/30/2018

M

At R4, reprogrammed to end-November 2018.

5

9

2018-11-30

N/A

735

TUNISIA

744

EFF

2016-05-20

2,016

2020-05-19

2,020

2020-03-18

N/A

2019-06-12

P1

R5

L

SB

25.2

6.2. Restructuring and privatization of financial institutions

Approval, by the board of Directors of STB and BNA, of revised business plan ensuring regulatory compliance throughout the restructuring period and in line with the principles detailed in the MEFP.

1

07/31/2016

M

Introduced at R0. Objective: Financial sector stability. Met at R1.

5

1

2016-07-31

N/A

735

TUNISIA

744

EFF

2016-05-20

2,016

2020-05-19

2,020

2020-03-18

N/A

2019-06-12

P1

R5

L

SB

30.1

11.1. Private sector legal and regulatory environment reform (non financial sector)

Adoption of the implementation decrees for the new law on competition, law on PPPs, and new investment code.

1

09/30/2016

M

Introduced at R0. Objective: Inclusive growth and job creation. Met at R1.

5

1

2016-09-30

N/A

735

TUNISIA

744

EFF

2016-05-20

2,016

2020-05-19

2,020

2020-03-18

N/A

2019-06-12

P1

R5

L

SB

30.1

11.1. Private sector legal and regulatory environment reform (non financial sector)

Establishment of a one-stop investment agency.

2

05/31/2018

M

Introduced at R2. Objective: private sector development.

5

2

2018-05-31

N/A

735

TUNISIA

744

EFF

2016-05-20

2,016

2020-05-19

2,020

2020-03-18

N/A

2019-06-12

P1

R5

L

SB

30.4

11.4. Anti-corruption legislation/policy

Creation of an independent, high anti-corruption authority.

1

12/31/2016

MOD-DATE

Introduced at R0. Objective: Good governance and fairness. At R1, not met, draft law in Parliament, test date is reset.

5

1

2016-12-31

N/A

735

TUNISIA

744

EFF

2016-05-20

2,016

2020-05-19

2,020

2020-03-18

N/A

2019-06-12

P1

R5

L

SB

30.4

11.4. Anti-corruption legislation/policy

Creation of an independent, high anti-corruption authority.

1

09/30/2017

M

At R1, test date is reset. Met at R2.

5

1

2017-09-30

N/A

735

TUNISIA

744

EFF

2016-05-20

2,016

2020-05-19

2,020

2020-03-18

N/A

2019-06-12

P1

R5

L

SB

30.4

11.4. Anti-corruption legislation/policy

Signature of the decree appointing the members of the high anti-corruption and good governance authority; signature of the decree specifying the remuneration of its members; and submission of its budget in the context of the 2018 budget law preparation.

2

11/30/2017

MOD-PASB

Introduced at R1. Objective: Good governance and fairness. At R2, not met and replaced with a Prior Action and a reprogrammed SB.

5

2

2017-11-30

N/A

735

TUNISIA

744

EFF

2016-05-20

2,016

2020-05-19

2,020

2020-03-18

N/A

2019-06-12

P1

R5

L

SB

30.4

11.4. Anti-corruption legislation/policy

High anti-corruption and good governance authority (HACGGA). Signature of the decree appointing the members of the HACGGA.

3

06/30/2018

MOD-DATE

At R2, reprogrammed as a new SB from (i) of a previous SB. Reprogrammed to December 2018.

5

3

2018-06-30

N/A

735

TUNISIA

744

EFF

2016-05-20

2,016

2020-05-19

2,020

2020-03-18

N/A

2019-06-12

P1

R5

L

SB

30.4

11.4. Anti-corruption legislation/policy

High anti-corruption and good governance authority (HACGGA). Signature of the decree appointing the members of the HACGGA.

3

12/31/2018

MOD-DATE

At R3, reprogrammed to December 2018.

5

3

2018-12-31

N/A

735

TUNISIA

744

EFF

2016-05-20

2,016

2020-05-19

2,020

2020-03-18

N/A

2019-06-12

P1

R5

L

SB

30.4

11.4. Anti-corruption legislation/policy

High anti-corruption and good governance authority (HACGGA). Signature of the decree appointing the members of the HACGGA.

3

09/30/2019

SB

N/A

5

3

2019-09-30

N/A

556

TURKEY

186

SBA

2005-05-11

2,005

2008-05-10

2,008

N/A

2005-05-11

P1

R0

E

PA

20.2

1.2. Revenue administration, including customs

Parliamentary approval of tax administration legislation.

1

Program Prior Action

M

N/A

0

1

2023-09-23

N/A

556

TURKEY

186

SBA

2005-05-11

2,005

2008-05-10

2,008

N/A

2005-05-11

P1

R0

E

PA

23.1

4.1. Pension reforms

Parliamentary submission of pension reform legislation

1

Program Prior Action

M

N/A

0

1

2023-09-23

N/A

556

TURKEY

186

SBA

2005-05-11

2,005

2008-05-10

2,008

N/A

2005-05-11

P1

R0

E

PA

25.2

6.2. Restructuring and privatization of financial institutions

Publication of SDIF's strategy to complete bulk of asset recoveries by end-2007.

1

Program Prior Action

M

N/A

0

1

2023-09-23

N/A

556

TURKEY

186

SBA

2005-05-11

2,005

2008-05-10

2,008

N/A

2005-05-11

P1

R0

E

PA

25.2

6.2. Restructuring and privatization of financial institutions

Parliamentray submission of Banking Law.

2

Program Prior Action

M

N/A

0

2

2023-09-23

N/A

556

TURKEY

186

SBA

2005-05-11

2,005

2008-05-10

2,008

N/A

2005-05-11

P1

R0

E

PA

25.2

6.2. Restructuring and privatization of financial institutions

Separation of board in Ziraat and Halk.

3

Program Prior Action

M

N/A

0

3

2023-09-23

N/A

556

TURKEY

186

SBA

2005-05-11

2,005

2008-05-10

2,008

N/A

2005-05-11

P1

R0

E

SB

20.1

1.1. Revenue measures, excluding trade policy

Maintain excise taxes and SEE prices in line with 2005 program assumptions. End-June 2005.

1

06/30/2005

SB

N/A

0

1

2005-06-30

N/A

556

TURKEY

186

SBA

2005-05-11

2,005

2008-05-10

2,008

N/A

2005-05-11

P1

R0

E

SB

20.1

1.1. Revenue measures, excluding trade policy

Prepare legislation to reform the personal income tax.

2

09/30/2005

SB

N/A

0

2

2005-09-30

N/A

556

TURKEY

186

SBA

2005-05-11

2,005

2008-05-10

2,008

N/A

2005-05-11

P1

R0

E

SB

20.2

1.2. Revenue administration, including customs

Establish a large-taxpayers unit within the Revenue Administration.

1

12/31/2005

SB

N/A

0

1

2005-12-31

N/A

556

TURKEY

186

SBA

2005-05-11

2,005

2008-05-10

2,008

N/A

2005-05-11

P1

R0

E

SB

20.6

1.6. Expenditure auditing, accounting, and financial controls

Put in place secondary legislation required under the Public Financial Management and Control Law.

1

09/30/2005

SB

N/A

0

1

2005-09-30

N/A

556

TURKEY

186

SBA

2005-05-11

2,005

2008-05-10

2,008

N/A

2005-05-11

P1

R0

E

SB

22

3. Civil service and public employment reforms, and wages

At most, 10 percent of those leaving through attrition in each state enterprise will be replaced, with limited exceptions for specialist positions and overperforming enterprises with approval by the Treasury.

1

Continuous

SB

N/A

0

1

2023-09-23

N/A

556

TURKEY

186

SBA

2005-05-11

2,005

2008-05-10

2,008

N/A

2005-05-11

P1

R0

E

SB

22

3. Civil service and public employment reforms, and wages

Complete comprehensive review of civil service wage and employment structure.

2

12/31/2005

SB

N/A

0

2

2005-12-31

N/A

556

TURKEY

186

SBA

2005-05-11

2,005

2008-05-10

2,008

N/A

2005-05-11

P1

R0

E

SB

23.1

4.1. Pension reforms

Parliamentary approval of the administrative social security reform law.

1

06/30/2005

SB

N/A

0

1

2005-06-30

N/A

556

TURKEY

186

SBA

2005-05-11

2,005

2008-05-10

2,008

N/A

2005-05-11

P1

R0

E

SB

23.2

4.2. Other social sector reforms (e.g., social safety nets, health and education)

Develop a quantitative framework for monitoring health expenditure and assessing medium-term trends.

1

09/30/2005

SB

N/A

0

1

2005-09-30

N/A

556

TURKEY

186

SBA

2005-05-11

2,005

2008-05-10

2,008

N/A

2005-05-11

P1

R0

E

SB

24.2

5.2. Privatization, public enterprise reform and restructuring, other than pricing

Parliamentary submission of legislation stengthening state enterprise governance.

1

09/30/2005

SB

N/A

0

1

2005-09-30

N/A

556

TURKEY

186

SBA

2005-05-11

2,005

2008-05-10

2,008

N/A

2005-05-11

P1

R0

E

SB

25.1

6.1. Financial sector legal reforms, regulation, and supervision

Set up a committee to assess whether integrated financial sector supervision is warranted, with findings to be presented by end-March 2006.

1

03/31/2006

SB

N/A

0

1

2006-03-31

N/A

556

TURKEY

186

SBA

2005-05-11

2,005

2008-05-10

2,008

N/A

2005-05-11

P1

R0

E

SB

25.1

6.1. Financial sector legal reforms, regulation, and supervision

Completion of implementing regulations for the Banking Law.

2

06/30/2006

SB

N/A

0

2

2006-06-30

N/A

556

TURKEY

186

SBA

2005-05-11

2,005

2008-05-10

2,008

N/A

2005-05-11

P1

R0

E

SB

25.1

6.1. Financial sector legal reforms, regulation, and supervision

Publication by BRSA of its planned reforms taking into account the findings of the Imar inquiry.

3

09/30/2005

SB

N/A

0

3

2005-09-30

N/A

556

TURKEY

186

SBA

2005-05-11

2,005

2008-05-10

2,008

N/A

2005-05-11

P1

R0

E

SB

25.2

6.2. Restructuring and privatization of financial institutions

SDIF to sell all remaining non-related party loans by auction.

1

12/31/2005

SB

N/A

0

1

2005-12-31

N/A

556

TURKEY

186

SBA

2005-05-11

2,005

2008-05-10

2,008

N/A

2005-05-11

P1

R0

E

SB

25.2

6.2. Restructuring and privatization of financial institutions

Adoption of state bank specific strategies by both the government and the boards of the state banks.

2

06/30/2005

SB

N/A

0

2

2005-06-30

N/A

556

TURKEY

186

SBA

2005-05-11

2,005

2008-05-10

2,008

N/A

2005-05-11

P1

R0

E

SB

25.2

6.2. Restructuring and privatization of financial institutions

Adopt a timetable for the phasing out of special privileges and obligations of the state banks.

3

06/30/2005

SB

N/A

0

3

2005-06-30

N/A

556

TURKEY

186

SBA

2005-05-11

2,005

2008-05-10

2,008

N/A

2005-05-11

P1

R0

E

SB

25.2

6.2. Restructuring and privatization of financial institutions

Launch of first IPO for Vakifbank.

4

12/31/2005

SB

N/A

0

4

2005-12-31

N/A

556

TURKEY

186

SBA

2005-05-11

2,005

2008-05-10

2,008

N/A

2005-05-11

P1

R0

E

SPC

20.2

1.2. Revenue administration, including customs

No new amnesties of arrears on public sector recievables as defined in Annex F.

1

Continuous

PC

N/A

0

1

2023-09-23

N/A

556

TURKEY

186

SBA

2005-05-11

2,005

2008-05-10

2,008

N/A

2005-05-11

P1

R0

E

SPC

23.1

4.1. Pension reforms

Parliamentary approval of pension reform legislation.

1

06/30/2005

PC

N/A

0

1

2005-06-30

N/A

556

TURKEY

186

SBA

2005-05-11

2,005

2008-05-10

2,008

N/A

2005-05-11

P1

R0

E

SPC

25.1

6.1. Financial sector legal reforms, regulation, and supervision

Parliamentary approval of Banking Law.

1

06/30/2005

PC

N/A

0

1

2005-06-30

N/A

556

TURKEY

186

SBA

2005-05-11

2,005

2008-05-10

2,008

N/A

2005-12-09

P1

R1R2

BLANK

PA

20.2

1.2. Revenue administration, including customs

Parliamentary approval of tax administration legislation.

1

Program Prior Action

M

N/A

1

2023-09-23

N/A

556

TURKEY

186

SBA

2005-05-11

2,005

2008-05-10

2,008

N/A

2005-12-09

P1

R1R2

BLANK

PA

23.1

4.1. Pension reforms

Parliamentary submission of pension reform legislation

1

Program Prior Action

M

N/A

1

2023-09-23

N/A

556

TURKEY

186

SBA

2005-05-11

2,005

2008-05-10

2,008

N/A

2005-12-09

P1

R1R2

BLANK

PA

23.2

4.2. Other social sector reforms (e.g., social safety nets, health and education)

Parliamentary submission of social security administrative reform law.

1

First Review Prior action

M

N/A

1

2023-09-23

N/A

556

TURKEY

186

SBA

2005-05-11

2,005

2008-05-10

2,008

N/A

2005-12-09

P1

R1R2

BLANK

PA

25.2

6.2. Restructuring and privatization of financial institutions

Publication of SDIF's strategy to complete bulk of asset recoveries by end-2007.

1

Program Prior Action

M

N/A

1

2023-09-23

N/A

556

TURKEY

186

SBA

2005-05-11

2,005

2008-05-10

2,008

N/A

2005-12-09

P1

R1R2

BLANK

PA

25.2

6.2. Restructuring and privatization of financial institutions

Parliamentray submission of Banking Law.

2

Program Prior Action

M

N/A

1

2

2023-09-23

N/A

556

TURKEY

186

SBA

2005-05-11

2,005

2008-05-10

2,008

N/A

2005-12-09

P1

R1R2

BLANK

PA

25.2

6.2. Restructuring and privatization of financial institutions

Separation of board in Ziraat and Halk.

3

Program Prior Action

M

N/A

1

3

2023-09-23

N/A

556

TURKEY

186

SBA

2005-05-11

2,005

2008-05-10

2,008

N/A

2005-12-09

P1

R1R2

BLANK

SB

20.1

1.1. Revenue measures, excluding trade policy

Prepare legislation to reform the personal income tax.

1

09/30/2005

MOD-SPC

At P1R1R2, this structural benchmark was reclassified as a performance criterion.

1

2005-09-30

N/A

556

TURKEY

186

SBA

2005-05-11

2,005

2008-05-10

2,008

N/A

2005-12-09

P1

R1R2

BLANK

SB

20.1

1.1. Revenue measures, excluding trade policy

Maintain excise taxes and SEE prices in line with 2005 program assumptions. End-June 2005.

2

06/30/2005

M

Met for P1R1R2.

1

2

2005-06-30

N/A

556

TURKEY

186

SBA

2005-05-11

2,005

2008-05-10

2,008

N/A

2005-12-09

P1

R1R2

BLANK

SB

20.1

1.1. Revenue measures, excluding trade policy

Maintain excise taxes and SEE prices in line with 2005 program assumptions. End-June 2005.

2

Continuous

SB

N/A

1

2

2023-09-23

N/A

556

TURKEY

186

SBA

2005-05-11

2,005

2008-05-10

2,008

N/A

2005-12-09

P1

R1R2

BLANK

SB

20.1

1.1. Revenue measures, excluding trade policy

Adopt legislative changes to streamline the structure of the PIT by unifying the schedules for wage and nonwage income and reducing the number of tax brackets.

3

12/31/2005

SB

N/A

1

3

2005-12-31

N/A

556

TURKEY

186

SBA

2005-05-11

2,005

2008-05-10

2,008

N/A

2005-12-09

P1

R1R2

BLANK

SB

20.2

1.2. Revenue administration, including customs

Establish a large-taxpayers unit within the Revenue Administration.

1

12/31/2005

MOD-DATE

At P1R1R2, condition was delayed due to administrative delays, and new 6/30/2006 test date was set.

1

2005-12-31

N/A

556

TURKEY

186

SBA

2005-05-11

2,005

2008-05-10

2,008

N/A

2005-12-09

P1

R1R2

BLANK

SB

20.2

1.2. Revenue administration, including customs

Establish a large-taxpayers unit within the Revenue Administration.

1

06/30/2006

SB

N/A

1

2006-06-30

N/A

556

TURKEY

186

SBA

2005-05-11

2,005

2008-05-10

2,008

N/A

2005-12-09

P1

R1R2

BLANK

SB

20.2

1.2. Revenue administration, including customs

Establish tax policy unit at Ministry of Finance.

2

12/31/2005

SB

N/A

1

2

2005-12-31

N/A

556

TURKEY

186

SBA

2005-05-11

2,005

2008-05-10

2,008

N/A

2005-12-09

P1

R1R2

BLANK

SB

20.2

1.2. Revenue administration, including customs

Complete functional restructuring of Revenue Administration, including reorganization of local tax offices.

3

04/30/2006

SB

N/A

1

3

2006-04-30

N/A

556

TURKEY

186

SBA

2005-05-11

2,005

2008-05-10

2,008

N/A

2005-12-09

P1

R1R2

BLANK

SB

20.6

1.6. Expenditure auditing, accounting, and financial controls

Adopt implementing regulations for the Public Financial Management and Control Law.

1

09/30/2005

MOD-DATE

At P1R0, descriptor was "put in place secondary legislation required under the Public Financial Management and Control Law". At P1R1R2 the descriptor was changed to ""adopt implementing regulations for the Public Financial Management and Control Law" and reset to end-December 2005.

1

2005-09-30

N/A

556

TURKEY

186

SBA

2005-05-11

2,005

2008-05-10

2,008

N/A

2005-12-09

P1

R1R2

BLANK

SB

20.6

1.6. Expenditure auditing, accounting, and financial controls

Adopt implementing regulations for the Public Financial Management and Control Law.

1

12/31/2005

SB

N/A

1

2005-12-31

N/A

556

TURKEY

186

SBA

2005-05-11

2,005

2008-05-10

2,008

N/A

2005-12-09

P1

R1R2

BLANK

SB

22

3. Civil service and public employment reforms, and wages

At most, 10 percent of those leaving through attrition in each state enterprise will be replaced, with limited exceptions for specialist positions and overperforming enterprises with approval by the Treasury.

1

06/30/2005

M

At P1R1R2, although new hires by the SEE sector as a whole were well below 10 percent, two enterprises exceeded their individual limits.

1

2005-06-30

N/A

556

TURKEY

186

SBA

2005-05-11

2,005

2008-05-10

2,008

N/A

2005-12-09

P1

R1R2

BLANK

SB

22

3. Civil service and public employment reforms, and wages

At most, 10 percent of those leaving through attrition in each state enterprise will be replaced, with limited exceptions for specialist positions and overperforming enterprises with approval by the Treasury.

1

Continuous

SB

N/A

1

2023-09-23

N/A

556

TURKEY

186

SBA

2005-05-11

2,005

2008-05-10

2,008

N/A

2005-12-09

P1

R1R2

BLANK

SB

22

3. Civil service and public employment reforms, and wages

Complete comprehensive review of civil service wage and employment structure.

2

12/31/2005

SB

At P1R1R2, on track.

1

2

2005-12-31

N/A

556

TURKEY

186

SBA

2005-05-11

2,005

2008-05-10

2,008

N/A

2005-12-09

P1

R1R2

BLANK

SB

23.1

4.1. Pension reforms

Parliamentary approval of the administrative social security reform law.

1

06/30/2005

MOD-PA

At P1R1R2, this structural benchmark was upgraded to a spc with end-January 2006 test date. The submission to parliament was reset as a prior action.

1

2005-06-30

N/A

556

TURKEY

186

SBA

2005-05-11

2,005

2008-05-10

2,008

N/A

2005-12-09

P1

R1R2

BLANK

SB

23.2

4.2. Other social sector reforms (e.g., social safety nets, health and education)

Develop a quantitative framework for monitoring health expenditure and assessing medium-term trends.

1

09/30/2005

M

N/A

1

2005-09-30

N/A

556

TURKEY

186

SBA

2005-05-11

2,005

2008-05-10

2,008

N/A

2005-12-09

P1

R1R2

BLANK

SB

24.2

5.2. Privatization, public enterprise reform and restructuring, other than pricing

Parliamentary submission of legislation stengthening state enterprise governance.

1

09/30/2005

NM

At P1R1R2, not observed. Further consideration needed with stakeholders before law can be submitted.

1

2005-09-30

N/A

556

TURKEY

186

SBA

2005-05-11

2,005

2008-05-10

2,008

N/A

2005-12-09

P1

R1R2

BLANK

SB

25.1

6.1. Financial sector legal reforms, regulation, and supervision

Completion of implementing regulations for the Banking Law.

1

06/30/2006

MOD-DATE

At P1R1R2, condition was reset to 9/30/06 test date due to delays in passing the Banking Law.

1

2006-06-30

N/A

556

TURKEY

186

SBA

2005-05-11

2,005

2008-05-10

2,008

N/A

2005-12-09

P1

R1R2

BLANK

SB

25.1

6.1. Financial sector legal reforms, regulation, and supervision

Completion of implementing regulations for the Banking Law.

1

09/30/2006

SB

N/A

1

2006-09-30

N/A

556

TURKEY

186

SBA

2005-05-11

2,005

2008-05-10

2,008

N/A

2005-12-09

P1

R1R2

BLANK

SB

25.1

6.1. Financial sector legal reforms, regulation, and supervision

Set up a committee to assess whether integrated financial sector supervision is warranted, with findings to be presented by end-March 2006.

2

03/31/2006

SB

At P1R1R2, condition pending.

1

2

2006-03-31

N/A

556

TURKEY

186

SBA

2005-05-11

2,005

2008-05-10

2,008

N/A

2005-12-09

P1

R1R2

BLANK

SB

25.1

6.1. Financial sector legal reforms, regulation, and supervision

Publication by BRSA of its planned reforms taking into account the findings of the Imar inquiry.

3

09/30/2005

MD

At P1R1R2, done with small delay. Published on October 11, 2005.

1

3

2005-09-30

N/A

556

TURKEY

186

SBA

2005-05-11

2,005

2008-05-10

2,008

N/A

2005-12-09

P1

R1R2

BLANK

SB

25.2

6.2. Restructuring and privatization of financial institutions

Adopt a timetable for the phasing out of special privileges and obligations of the state banks.

1

06/30/2005

MOD-DATE

At P1R1R2, condition was not observed for 6/30/2005 test date due to delays in hiring financial advisor. Reset to 3/31/2006.

1

2005-06-30

N/A

556

TURKEY

186

SBA

2005-05-11

2,005

2008-05-10

2,008

N/A

2005-12-09

P1

R1R2

BLANK

SB

25.2

6.2. Restructuring and privatization of financial institutions

Adopt a timetable for the phasing out of special privileges and obligations of the state banks.

1

03/31/2006

SB

N/A

1

2006-03-31

N/A

556

TURKEY

186

SBA

2005-05-11

2,005

2008-05-10

2,008

N/A

2005-12-09

P1

R1R2

BLANK

SB

25.2

6.2. Restructuring and privatization of financial institutions

SDIF to sell all remaining non-related party loans by auction.

2

12/31/2005

SB

At P1R1R2, on track.

1

2

2005-12-31

N/A

556

TURKEY

186

SBA

2005-05-11

2,005

2008-05-10

2,008

N/A

2005-12-09

P1

R1R2

BLANK

SB

25.2

6.2. Restructuring and privatization of financial institutions

Adoption of state bank specific strategies by both the government and the boards of the state banks.

3

06/30/2005

MD

At P1R1R2, done with delay. Strategies approved June 30, but related TOR for hiring financial advisor not agreed to until September 2005.

1

3

2005-06-30

N/A

556

TURKEY

186

SBA

2005-05-11

2,005

2008-05-10

2,008

N/A

2005-12-09

P1

R1R2

BLANK

SB

25.2

6.2. Restructuring and privatization of financial institutions

Launch of first IPO for Vakifbank.

4

12/31/2005

M

N/A

1

4

2005-12-31

N/A

556

TURKEY

186

SBA

2005-05-11

2,005

2008-05-10

2,008

N/A

2005-12-09

P1

R1R2

BLANK

SB

25.2

6.2. Restructuring and privatization of financial institutions

Announcement of detailed state bank privatization strategies and timetables.

5

06/30/2006

SB

N/A

1

5

2006-06-30

N/A

556

TURKEY

186

SBA

2005-05-11

2,005

2008-05-10

2,008

N/A

2005-12-09

P1

R1R2

BLANK

SPC

20.1

1.1. Revenue measures, excluding trade policy

Parliamentary approval of legislation to reform the personal income tax.

1

09/30/2006

PC

At P1R1R2, this former sb not observed, and and reset to end-December 2005 for first stage of reform. Second stage envisages submission to Parliamanet by end-May 2006 (pc), and approval by end-September 2006 (pc). Name changed to "Parliamentary approval of second stage of personal income tax reform."

1

2006-09-30

N/A

556

TURKEY

186

SBA

2005-05-11

2,005

2008-05-10

2,008

N/A

2005-12-09

P1

R1R2

BLANK

SPC

20.1

1.1. Revenue measures, excluding trade policy

Submit to parliament legislation to reform the personal income tax.

2

05/31/2006

PC

At P1R1R2, a former sb relating to personal income tax reform was not observed, and reset to end-December 2005 for first stage of reform. Second stage envisages submission to Parliamanet by end-May 2006 (pc), and approval by end-September 2006 (pc). Name changed to "Submission of draft legislation for second stage of personal income tax reform"

1

2

2006-05-31

N/A

556

TURKEY

186

SBA

2005-05-11

2,005

2008-05-10

2,008

N/A

2005-12-09

P1

R1R2

BLANK

SPC

20.2

1.2. Revenue administration, including customs

No new amnesties of arrears on public sector recievables as defined in Annex F, with the exception of companies in the privatization administration's portfolio.

1

09/30/2005

MOD-DATE

At P1R1R2, EBS/05/166, Supplement 1, reads "Will not be observed. Proposed arrear rescheduling contains amnesty element."

1

2005-09-30

N/A

556

TURKEY

186

SBA

2005-05-11

2,005

2008-05-10

2,008

N/A

2005-12-09

P1

R1R2

BLANK

SPC

20.2

1.2. Revenue administration, including customs

No new amnesties of arrears on public sector recievables as defined in Annex F, with the exception of companies in the privatization administration's portfolio.

1

Continuous

PC

N/A

1

2023-09-23

N/A

556

TURKEY

186

SBA

2005-05-11

2,005

2008-05-10

2,008

N/A

2005-12-09

P1

R1R2

BLANK

SPC

23.1

4.1. Pension reforms

Parliamentary approval of pension reform legislation.

1

06/30/2005

WMOD-DATE

At P1R1R2, condition was not observed for 6/30/2005 test date, and new 2/15/2006 test date set.

1

2005-06-30

N/A

556

TURKEY

186

SBA

2005-05-11

2,005

2008-05-10

2,008

N/A

2005-12-09

P1

R1R2

BLANK

SPC

23.1

4.1. Pension reforms

Parliamentary approval of pension reform legislation.

1

02/15/2006

PC

N/A

1

2006-02-15

N/A

556

TURKEY

186

SBA

2005-05-11

2,005

2008-05-10

2,008

N/A

2005-12-09

P1

R1R2

BLANK

SPC

23.1

4.1. Pension reforms

Parliamentary approval of the administrative social security reform law.

2

01/31/2006

PC

At P1R1R2, this former sb with 6/30/2005 test date was not observed, and was upgraded to a spc with end-January 2006 test date.

1

2

2006-01-31

N/A

556

TURKEY

186

SBA

2005-05-11

2,005

2008-05-10

2,008

N/A

2005-12-09

P1

R1R2

BLANK

SPC

25.1

6.1. Financial sector legal reforms, regulation, and supervision

Parliamentary approval of Banking Law.

1

06/30/2005

W

At P1R1R2, initially passed on July 2, but subsequently vetoed. Re-approved on October 19, 2005, and signed into law on November 1, 2005.

1

2005-06-30

N/A

556

TURKEY

186

SBA

2005-05-11

2,005

2008-05-10

2,008

N/A

2006-07-28

P1

R3R4

BLANK

PA

20.1

1.1. Revenue measures, excluding trade policy

Parliamentary approval of corporate income tax legislation.

1

Fourth Review Prior action

M

At P1R4, met five days before Board meeting.

3

1

2023-09-23

N/A

556

TURKEY

186

SBA

2005-05-11

2,005

2008-05-10

2,008

N/A

2006-07-28

P1

R3R4

BLANK

PA

20.2

1.2. Revenue administration, including customs

Parliamentary approval of tax administration legislation.

1

Program Prior Action

M

N/A

3

1

2023-09-23

N/A

556

TURKEY

186

SBA

2005-05-11

2,005

2008-05-10

2,008

N/A

2006-07-28

P1

R3R4

BLANK

PA

20.3

1.3. Expenditure measures, including arrears clearance

Adopt fiscal measures to bring back expenditures in line with the program.

1

Fourth Review Prior action

M

At P1R4, met five days before Board meeting.

3

1

2023-09-23

N/A

556

TURKEY

186

SBA

2005-05-11

2,005

2008-05-10

2,008

N/A

2006-07-28

P1

R3R4

BLANK

PA

23.1

4.1. Pension reforms

Parliamentary submission of pension reform legislation

1

Program Prior Action

M

N/A

3

1

2023-09-23

N/A

556

TURKEY

186

SBA

2005-05-11

2,005

2008-05-10

2,008

N/A

2006-07-28

P1

R3R4

BLANK

PA

23.2

4.2. Other social sector reforms (e.g., social safety nets, health and education)

Parliamentary submission of social security administrative reform law.

1

First Review Prior action

M

N/A

3

1

2023-09-23

N/A

556

TURKEY

186

SBA

2005-05-11

2,005

2008-05-10

2,008

N/A

2006-07-28

P1

R3R4

BLANK

PA

25.2

6.2. Restructuring and privatization of financial institutions

Publication of SDIF's strategy to complete bulk of asset recoveries by end-2007.

1

Program Prior Action

M

N/A

3

1

2023-09-23

N/A

556

TURKEY

186

SBA

2005-05-11

2,005

2008-05-10

2,008

N/A

2006-07-28

P1

R3R4

BLANK

PA

25.2

6.2. Restructuring and privatization of financial institutions

Parliamentray submission of Banking Law.

2

Program Prior Action

M

N/A

3

2

2023-09-23

N/A

556

TURKEY

186

SBA

2005-05-11

2,005

2008-05-10

2,008

N/A

2006-07-28

P1

R3R4

BLANK

PA

25.2

6.2. Restructuring and privatization of financial institutions

Separation of board in Ziraat and Halk.

3

Program Prior Action

M

N/A

3

2023-09-23

N/A

556

TURKEY

186

SBA

2005-05-11

2,005

2008-05-10

2,008

N/A

2006-07-28

P1

R3R4

BLANK

PA

25.2

6.2. Restructuring and privatization of financial institutions

Financial advisors to finalize recommendations on how to proceed with the privatization of Halkbank.

4

Fourth Review Prior action

M

At P1R4, met five days before Board meeting.

3

4

2023-09-23

N/A

556

TURKEY

186

SBA

2005-05-11

2,005

2008-05-10

2,008

N/A

2006-07-28

P1

R3R4

BLANK

SB

20.1

1.1. Revenue measures, excluding trade policy

Prepare legislation to reform the personal income tax.

1

09/30/2005

MOD-SPC

At P1R1R2, this structural benchmark was reclassified as a performance criterion.

3

1

2005-09-30

N/A

556

TURKEY

186

SBA

2005-05-11

2,005

2008-05-10

2,008

N/A

2006-07-28

P1

R3R4

BLANK

SB

20.1

1.1. Revenue measures, excluding trade policy

Maintain excise taxes and SEE prices in line with 2006 program assumptions

2

06/30/2005

M

Met for P1R1R2.

3

2

2005-06-30

N/A

556

TURKEY

186

SBA

2005-05-11

2,005

2008-05-10

2,008

N/A

2006-07-28

P1

R3R4

BLANK

SB

20.1

1.1. Revenue measures, excluding trade policy

Maintain excise taxes and SEE prices in line with 2006 program assumptions

2

06/30/2006

M

Met for P1R3R4. With P1R3R4, description changes from "Maintain excise taxes and SEE prices in line with 2005 program assumptions" to "Maintain excise taxes and SEE prices in line with 2006 program assumptions."

3

2

2006-06-30

N/A

556

TURKEY

186

SBA

2005-05-11

2,005

2008-05-10

2,008

N/A

2006-07-28

P1

R3R4

BLANK

SB

20.1

1.1. Revenue measures, excluding trade policy

Maintain excise taxes and SEE prices in line with 2006 program assumptions

2

Continuous

SB

N/A

3

2

2023-09-23

N/A

556

TURKEY

186

SBA

2005-05-11

2,005

2008-05-10

2,008

N/A

2006-07-28

P1

R3R4

BLANK

SB

20.1

1.1. Revenue measures, excluding trade policy

Adopt legislative changes to streamline the structure of the PIT by unifying the schedules for wage and nonwage income and reducing the number of tax brackets.

3

12/31/2005

MD

Met with delay in March 2006, at P1R3R4.

3

2005-12-31

N/A

556

TURKEY

186

SBA

2005-05-11

2,005

2008-05-10

2,008

N/A

2006-07-28

P1

R3R4

BLANK

SB

20.2

1.2. Revenue administration, including customs

Establish a large-taxpayers unit within the Revenue Administration.

1

12/31/2005

MOD-DATE

At P1R1R2, condition was delayed due to administrative delays, and new 6/30/2006 test date was set.

3

1

2005-12-31

N/A

556

TURKEY

186

SBA

2005-05-11

2,005

2008-05-10

2,008

N/A

2006-07-28

P1

R3R4

BLANK

SB

20.2

1.2. Revenue administration, including customs

Establish a large-taxpayers unit within the Revenue Administration.

1

06/30/2006

MOD-DATE

Not met at P1R3R4. Reset to end-Dec 2006 because of ongoing administrative delays.

3

1

2006-06-30

N/A

556

TURKEY

186

SBA

2005-05-11

2,005

2008-05-10

2,008

N/A

2006-07-28

P1

R3R4

BLANK

SB

20.2

1.2. Revenue administration, including customs

Establish a large-taxpayers unit within the Revenue Administration.

1

12/31/2006

SB

N/A

3

1

2006-12-31

N/A

556

TURKEY

186

SBA

2005-05-11

2,005

2008-05-10

2,008

N/A

2006-07-28

P1

R3R4

BLANK

SB

20.2

1.2. Revenue administration, including customs

Establish tax policy unit at Ministry of Finance.

2

12/31/2005

NM

At P1R3R4, "with the establishing law passed in January 2006, the unit is expected to be made fully functional by end-July 2006."

3

2

2005-12-31

N/A